Such externally controlled conducting behaviour opens the door for applications in electronics with magnetic field sensors -- which are used to read data on hard disk drives -- biosensors and microelectromechanical systems (MEMS), as well as in spintronics with magnetic devices used to increase memory density.

At the quantum scale, materials characterised by thin-film structures composed of alternating magnetic and non-magnetic layers behave in a way that produces what is referred to as the Giant Magnetoresistance (GMR) effect. This discovery garnered Albert Fert and Peter Grünberg the 2007 Nobel Prize in Physics. In this study, the authors studied cobalt islands of between 5 nanometers (nm) and 25 nm, as well as iron islands of between 10 nm and 30 nm.

They found that the maximum values of the electric conductivity under an external magnetic field are obtained when the islands have a width of between 3 nm and 5 nm, with vacuum barriers of between 1 nm and 3 nm between them. However, they also observed that the tunnelling of electrons between the islands depends on the relative orientation of the direction of magnetisation in the adjacent islands and on the external magnetic field.

In addition, they determined that the electric conductivity is at a maximum when the magnetic moments in the adjacent granules are oriented in parallel, which leads to the tunnel magnetoresistance effect (TMR). The value of the tunneling magnetoresistance essentially depends on the interface properties of the insulator material between those islands.